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Africa central banks may move to tighten monetary policy

Bloomberg A plunging oil price gives African central banks more to think about as they move towards a cycle of raising interest rates. With a month to go before the US Federal Reserve delivers what would be its fourth interest-rate increase of the year, African policy makers may still move to tighten to avoid a further sell-off of assets and ...

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UAE student-made nanosatellite successfully launches into space

ABU DHABI / Emirates Business Yahsat, UAE-based global satellite operator wholly-owned by Mubadala Investment Company, and Khalifa University of Science and Technology, and Northrop Grumman Corporation, a leading global security company, on Saturday announced the successful launch of the MYSAT-1 CubeSat to the International Space Station (ISS) on board the Northrop Grumman Cygnus spacecraft. The launch took place at the ...

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UAE, Kazakhstan discuss ways to strengthen ties

DUBAI / WAM Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC) met Bektas Beknazarov, Deputy Chairman of the Senate of the Parliament of Kazakhstan, and his accompanying delegation on the sidelines of the World Tolerance Summit, in Dubai. During the meeting attended by FNC Secretary-General Ahmed Shabib Al Dha- heri, the two sides discussed many topics, including ...

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